National Accredited Payments Risk Professional (APRP) Recognition Day!
posted by Luann Kohlman, AAP, APRP on Wednesday, September 15, 2021 in SHAZAM Blog
Tuesday, September 21 is a special day for APRPs, it’s National Accredited Payments Risk Professional Recognition Day!
Each year on the second Tuesday of September, Nacha® and the payments associations celebrate the accomplishments of APRPs across the country. If you have an APRP on your staff, I hope you treat them to lunch, cake or something special on Tuesday.
Let’s learn a little more about what it means to be an APRP.
WHAT’S AN APRP?
APRP stands for Accredited Payments Risk Professional. APRPs have mastered the complexities of risk management across all payment types including emerging and alternative payments. APRPs can help identify and fine-tune current processes and procedures or implement a new, more sophisticated approach. Auditors and regulators typically look to see if the organization employs APRPs.
Businesses with APRPs on staff serve as industry leaders and the go-to organizations regarding Nacha Operating Rules changes and industry regulations. They also enjoy operational efficiencies, enhanced risk management oversight, improved regulatory compliance, and increased customer service and satisfaction.
BECOMING AN APRP
- Any professional in the payments industry can work toward APRP accreditation.
- If you’ve worked in ACH for years, you’ll add a highly respected qualification to your resume.
- If you’re relatively new to the field, you’ll give yourself an edge over the competition. Keep in mind, Nacha recommends spending at least two years in the payments industry before taking the APRP exam.
So, do you eat, sleep and breathe payments? Are you ready to take the next step and pursue your APRP accreditation? Or maybe you just want to learn more?
Nacha’s website offers a wealth of information about becoming an APRP. You can read up on frequently asked questions, how to prepare for the exam, how to maintain your accreditation and more.
And, if you’re not yet a member of the SHAZAM ACH Payments Association, consider joining us. Feel free to email me at email@example.com, and I’d be happy to fill you in on the benefits.
About the Author
As a senior risk consultant, Luann uses her years of electronic payment experience to assist financial institutions in completing their annual ACH audits and BSA exams. She calls upon her ACH expertise to provide risk mitigation training and guidance to SHAZAM participants.
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